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Latest News
Tyrie shuns Govt proposals for Bank accountability
TSC chair Andrew Tyrie says internal reviews of policy decisions not good enough without radically reformed Court
Claims firms submit three-quarters of FSCS PPI claims
Claims firms accounted for over 16,300 PPI complaints over three years.
Three jailed in £18.5m fraud on Swiss bank
The three were sentenced to combined total of over 13 years in prison.
Tyrie slams speed of Govt regulatory reforms
TSC chair Andrew Tyrie slams Govt for publishing financial services bill before major committee report into FCA.
FCA and PRA will have single complaints system
Govt accepts criticism dual compaints system will be less transparent and less effective.
Charles Stanley to launch D2C platform
Charles Stanley is launching a direct to consumer platform and will partner with retail asset aggregation service AllMyPlans.
Aegon appoints Axa's Coyle as platform sales head
Aegon UK has appointed Axa Wealth business development director Martin Coyle as head of platform sales.
Govt rejects banker calls over FPC remit
Government snubs BBA call for financial stability watchdog to ensure “stable and sustainable” supply of credit.
Chancellor to direct BoE in a crisis
Role of Chancellor in financial crisis strengthened in financial services bill.
Bestinvest calls for greater transparency following IMA research
Advisers say fund charges are not clear and transparent.
Berry chief MacLeod targets platforms for IFA push
Berry Asset Management chief executive Jamie MacLeod is in negotiations with a number of platforms as part of the firm’s bid to move into the IFA market.
Govt says FCA should consult on early warnings
Financial Services Bill rejects FSA’s argument that it should not consult firms being investigated before publishing their details.
Blogs
Nic Cicutti: The right price for advice
Nic Cicutti says many advisers fail to explain what they do for the money they are paid.
Aegon: Our solution to trail confusion
Steven Cameron says banning trail on post-RDR advice will hurt the consumer.
11 months to go and still confusion over trail
With the RDR clock ticking, the FSA must make its intentions clear as soon as possible.
MM Leader: Change focus to access to advice
As we move towards the implementation stage of RDR, political attention should turn to address the fallout of the FSA’s plans in terms of consumer access to advice.
Chris Davies: 9 tips for getting ready for RDR
As the clock ticks down to RDR ‘D’ day we are now witnessing a flurry of activity within the industry.
IFAs face two-pronged attack over Keydata
Robert Viney says IFAs are under an unprecedented attack from both the FSA and FSCS.
